Ripple (XRPUSD)

[MindlessSelf]

Here are my thoughts on why i think I am going to lock up my xrp for 6 months to capture that extra 5%.

I plan to hold all my initial xrp investment until it hits somewhere to 40 and 50 dollars. Yes I know it means I could be holding a very long time.

But I do plan on withdrawing my Nexo Interest earned after xrp breaks $2. So I can still enjoy the profits as I hold. If it stays under $2 I just keep reinvesting.

Nexo has changed it’s Interested earned payout to tiers. If xrp skyrockets on good news it is very easy for 90%+ of our xrp holdings surpassing the tier that gets 4%+ to only earning 1%+.

By locking up for 6 months you get additional 5% no matter how high xrp goes. I will have to wait 6 months to cash out assuming over $2 but interest will still mean something.

This only works for those that don’t plan to play the market. I will likely miss a massive run up, but I don’t know when the top is in so I just plan to hold until it hits the financial freedom amount and use it as a passive income generator until then.